GO
Loading...

Economy

More

  • Retail Up; Jobless Claims, Producer Prices Down Thursday, 13 Dec 2012 | 9:45 AM ET

    Weekly jobless claims fell sharply while retail sales rose in a sign that steady job creation is adding momentum to consumer spending in the fourth quarter.

  • Pimco's Kashkari: Fed Is Buying Washington Time Thursday, 13 Dec 2012 | 9:06 AM ET
    Neel Kashkari

    The Federal Reserve's bond-purchasing and low interest rate policies are buying Washington to solve the nation's debt crisis, said Pimco's Head of Global Equities Neel Kashkari.

  • Federal Reserve, Central Banks to Extend Credit Lines Thursday, 13 Dec 2012 | 8:37 AM ET

    Top central banks are extending their arrangements to swap dollars and other currencies to make sure banks have the money they need.

  • Swiss Government Sees ‘Light at End of Tunnel’ Thursday, 13 Dec 2012 | 2:47 AM ET

    The Swiss government said it was cautiously optimistic for the economic outlook assuming the euro zone debt crisis does not again escalate even as it trimmed its growth forecast for 2013 to 1.3 percent.

  • Berlusconi ‘Would Back Monti’ as Prime Minister Thursday, 13 Dec 2012 | 1:27 AM ET
    Mario Monti

    Silvio Berlusconi offered on Wednesday to stand back and make way for Mario Monti as Italy's next leader if the outgoing technocrat premier agreed to run as the candidate for a center-right coalition.

  • How Significant Are Bernanke’s Targets? Thursday, 13 Dec 2012 | 1:13 AM ET

    On the outset, the Fed's unorthodox move appears to be its latest salvo to battle the economy's erratic and sub-par recovery. But some market watchers say: don't read too much into it.

  • Banking Deal Sets EU Leaders Up for Upbeat End to 2012 Wednesday, 12 Dec 2012 | 10:54 PM ET
    European Central Bank (ECB) headquarters in Frankfurt, Germany.

    The European Union reached a landmark deal on Thursday to make the European Central Bank the bloc's top banking supervisor, giving EU leaders greater confidence that they are gaining the upper hand over the euro zone's debt crisis.

  • Euro-Zone Crisis End in Sight, but Pain Ahead Wednesday, 12 Dec 2012 | 7:00 PM ET
    Greece Euro Vice

    After years of economic troubles, an end to the euro-zone crisis is finally visible, but there is still plenty of pain to come, according to a new forecast.

  • Obama Has 'Mandate' to Increase Taxes on Rich: Poll Wednesday, 12 Dec 2012 | 6:30 PM ET

    A majority of Americans wants a compromise to avoid the "cliff," and most back President Barack Obama's prescription for doing so, according to a new NBC News/WSJ poll.

  • Fed to Keep Easing, Sets Target for Rates Wednesday, 12 Dec 2012 | 2:44 PM ET

    The Federal Reserve met market expectations Wednesday with another round of easing, this time with a pledge to keep interest rates low until unemployment falls below 6.5 percent and inflation tops 2.5 percent.

  • House Minority Leader Eric Cantor, R-Va., speaks at a news conference in the Capitol after a meeting of the House Republican Conference.

    Talks to avoid the "fiscal cliff" showed little progress on Wednesday, with Republicans publicly rebuking the Obama administration and one House member saying "it's getting worse, not better."

  • Michigan's Right-to-Work Will Ripple Across the US Wednesday, 12 Dec 2012 | 11:08 AM ET
    A masked protester looks at Michigan State Police in riot gear as union members from around the country rally at the State Capitol.

    New labor laws in Michigan are not only a major shift for the state, they could ripple across the country.

  • If Germany Sneezes, Does Euro Zone Catch a Cold? Wednesday, 12 Dec 2012 | 11:02 AM ET
    Frankfurt, Germany

    Are the days of Germany cushioning the ongoing euro zone crisis fading? One researcher thinks so.

  • Marc Andreessen, co-founder and partner at Andreessen Horowitz

    Driving over the "fiscal cliff" was preferable to more government interference in the economy, Marc Andreessen told CNBC on Wednesday.

  • With Germany Onside, EU Nears Banking Union Deal Wednesday, 12 Dec 2012 | 9:21 AM ET

    Germany signaled on Wednesday it was ready to back plans for the European Central Bank to be made the chief supervisor of banks, raising the prospect of a breakthrough on the European Union's most ambitious financial reform.

  • 'Let's Just Do It,' Dimon Says of Avoiding 'Cliff' Wednesday, 12 Dec 2012 | 8:52 AM ET
    Jamie Dimon

    The U.S. economy could grow at a 4 percent rate and monthly jobs creation could get above 200,000 if Washington politicians can "grasp a rational fiscal policy" and avoid the "fiscal cliff," JPMorgan CEO Jamie Dimon said.

  • Stephen Schwartzman, CEO Blackstone Group

    A "fiscal cliff" deal lies in going back to time-tested spending-to-tax ratios, Blackstone CEO Steve Schwarzman told CNBC.

  • US Import Prices Plunge on Drop in Petroleum Costs Wednesday, 12 Dec 2012 | 8:36 AM ET

    U.S. import prices recorded the biggest drop in five months in November as food and fuel costs tumbled, keeping inflation pressures subdued.

  • All Eyes Are on the Fed, but 'Fiscal Cliff' Looms Larger Wednesday, 12 Dec 2012 | 6:00 AM ET
    Federal Reserve Building, Washington, D.C.

    Markets expect the Fed to continue buying Treasurys, but the course for rates is more likely to be determined by the "fiscal cliff" talks.

  • Italy’s Clown Prince: Monti ‘Needs to Disappear’ Wednesday, 12 Dec 2012 | 2:56 AM ET
    Italian showman Beppe Grillo

    The anarchic comedian and blogger who leads one of Italy's most rapidly-growing parties said Prime Minister Mario Monti is a mere "bankruptcy curator" who "needs to disappear."

Contact Economy

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    To learn more about how we use your information,
    please read our Privacy Policy.
    › Learn More